Does anyone have a generic property management agreement template they would be willing to share? To we refinancing a property, and the lender wants to see a formalized PM agreement in place as part of their underwrit...
I know there are companies that give HELOCs based off the future appraised value of the home. Does anyone know the names of these companies? Besides Renofi.Thanks
Hey all - I've recently relocated from Los Angeles to a smaller city in the Northwest US. I'm working on buying apartment buildings in the 15-20 unit range and trying to figure out some rules of thumb to gut-check th...
It has been brought to my attention recently that a large company got burned on 2 or 3 recent occassions from a perpetrator of fraud.
Here is the story.
Perpitrator purchases property under false pretense by forging a...
Hello! So I recently formed an LLC, and am planning to do some banking with my business. I live in Hawaii but my LLC is out of state. Its pretty sad, but here in Hawaii we dont have any national banks with local branc...
As one of the fastest-growing cities in the United States, Raleigh, NC, continues to attract attention for its dynamic economy, burgeoning tech sector, and vibrant cultural scene. In 2024, Raleigh's market situation p...
By now you might have heard that a few financial institutions in the US and beyond have run into some difficulties..Somewhat counterintuitively the implosion of SVB bank and the downgraded risk of other regional and i...
Does anyone have experience borrowing residential loan of $50k or under? I heard most banks won’t lend for such low amount. My banker from Chase said he ‘believe’ the lowest amount they can lend is $10k. He doesn’t so...
I have a bank account with an investment bank (think of any of the major national investment banks). They told me today that to lend on a single family or under 5 unit rental property, they expect a 40% down and that...
I got invited by a local real estate investor's association here in Chicago SW suburbs to speak about PRIVATE LENDING. Together with me on the stage are 2 lenders - a hard money lender and a conventional mortgage lend...